BRN Discussion Ongoing

[Newk R]

I used to love coming onto this forum. WTF happened?

 

[Stable Genius]

Brainchip is not mentioned in this 8 minute video about drone boats and UAV. Quite an interesting look at the market though.

Drone Boats: Inside the U.S. Navy’s Latest Unmanned AI Tech

These drone boats are the latest unmanned technology being tested by the U.S. Navy. WSJ’s Shelby Holliday traveled to Bahrain to get a rare look at how the U.S. is pairing unmanned surface vessels with artificial intelligence to see “from seabed to space.” Illustration: Adele Morgan

www.wsj.com

As an aside BacomHunter Technologies was involved in drone boats for US Navy and Akida was being examined for the NN so hopefully that revenue is still in the pipeline!

 

[Food4 thought]

I agree @alwaysgreen. Revenue is not as high as what I would like it to be. However I can’t change that and neither can anyone on this forum which is why I cannot understand the constant complaining about it!

We all agree the SP will go up with revenue.

We know revenue is coming with MB and Renesas.

We have world class companies signed up, eg Intel, ARM, SiFive. They are in the business to specifically sell IP and edge AI is one of the hottest upcoming technologies in a growing market. I expect Intel, Arm or SiFive are going to try and make a profit selling us so there is 3 more potential revenue streams competing for market share.

Prophesee are kicking goals and love us as we are a perfect fit.

I expect Akida 1500 is being made for a specific use, hopefully NASA.

We’re all waiting with baited breath for Valeo to confirm we’re in the Scala 3 LiDAR: ka-ching!

VVDN are advertising us and are big players in India and targeting Asian market.

Socionext are advertising us in a product.

This has all been repeated over and over and yet people continue to complain.

I held other stocks, for different reasons lost confidence in them, sold them and moved on. Or sold them at a profit and moved on. I don’t understand this state of mind to hold something you don’t believe in.

I believe revenue is on its way so I’ll continue to hold. When/if I lose that confidence I’ll sell and move on but I think that’s very unlikely with all the current knowns in the pipeline!

People just love to complain about anything they are involved with but would never ever go and do anything themselves.
I have worked with plenty of chefs over the years who do just that, but none of the so called experts would put there money where there mouths are, I did and was reasonably happy with the results. It takes gut hard work and you can get things wrong, but that’s the game.
So I say to all the so called experts the people who have all the answers out there who think the company is doing them wrong, go do it better yourself and see just how difficult it can be to get everything right.

 

[The Pope]

Incontinence nappies in the near future will have Akida in it, so carers would know when to change it.

View attachment 29214

Nothing is off the table at this point.

Do they really need a chip in a nappy. The smell gives it away as the poo is baking in the nappy. Just staff wouldn’t want to change a adult nappy. Babies ones are bad enough and probably less volume as well. Lol

 

[JDelekto]

Well I can see the frustration is here to stay on this forum. I understand that individual timelines vary massively, and some have already been along the ride for many years and are getting burn out. Understandable.

Curious to hear what people's timelines are then. Let's turn the negativity into something somewhat constructive. What's your timeframe and what do Brainchip need to achieve in that time for you to remain on the bus?

Personally, I can see myself giving the Brainchip team eighteen months from here to deliver another SIGNIFICANT licence agreement AND a drastic positive, continuous change in revenue over the coming quarters. Renesas should be selling a chip with Akida in it some time this year. AKD1500 will be available (possibly with AKD2000 on the horizon), so I want to see positive take up by customers currently umming and uhhhing as they seem to want more functionality before commiting. IMO, our valued partnerships should have reaped some benefits in this timeframe or something is seriously awry.

Of course, all IMO and DYOR. Still very confident in the team to deliver, and I've given some leeway for the current headwinds and economic climate.

I started purchasing a significant amount of my holdings in my investment account in 2020 with the intent to hold long-term. The plan is to keep those shares for at least 5 to 10 years, monitoring the progress along the way.

So far, I like what I am seeing. The stock price action is very similar to several other companies as they are starting, commercializing, and getting the sales to work towards a steady revenue stream. Because BrainChip's technology offers a new way of performing inference given a set of data (which it can augment through self-learning), other tech companies need to be convinced to buy in.

For those old enough to remember, compare two computer printers, one with a serial interface and the other with a parallel interface. Adopting the newer "parallel" standard had the benefits of faster speed, but it required printer manufacturers to redesign their printers to support it. This may not be the best analogy, but it shows that a company does need to make the decision and investment to support the newer technology.

Hardware development takes time and can be more costly than software development when mistakes are made. Investing in a hardware company from the start requires patience --it's not like a big player that already has market penetration and is already improving existing designs that have been in the market for several years (i.e., Intel, Arm, processors, nVidia GPUs, etc.)

If BrainChip is going to be getting reference chips in 2nd quarter of this year, and potential customers are waiting for those results, I believe one could see more contracts signed in the latter part of this year. That's my opinion, just based on my observations of current news and events.

I am waiting until the end of 2025 to see how the company is doing before making any decisions.

 

[Deleted member 118]

Brainchip is not mentioned in this 8 minute video about drone boats and UAV. Quite an interesting look at the market though.

Drone Boats: Inside the U.S. Navy’s Latest Unmanned AI Tech

These drone boats are the latest unmanned technology being tested by the U.S. Navy. WSJ’s Shelby Holliday traveled to Bahrain to get a rare look at how the U.S. is pairing unmanned surface vessels with artificial intelligence to see “from seabed to space.” Illustration: Adele Morgan

www.wsj.com

As an aside BacomHunter Technologies was involved in drone boats for US Navy and Akida was being examined for the NN so hopefully that revenue is still in the pipeline!

View attachment 29215

I believe money generated for Brainchip from companies using Akida within NASA, the Navy or the Army etc will be pittance , because it’s all about what they can do with Akida and what it may lead too.

 

[VictorG]

Would this announcement have something to do with the recent Brainchip and Ai Labs partnership?
I stand to be corrected but I don't see any overlap, so this could possibly be the perfect ménage à trois!

 

[David holland]

Surely something has to be released before the AGM , The CEO Said alot at the previous AGM So let's hope so

 

[equanimous]

I believe money generated for Brainchip from companies using Akida within NASA, the Navy or the Army etc will be pittance , because it’s all about what they can do with Akida and what it may lead too.

Pentagon to spend $874 million on artificial intelligence (AI) and machine learning technologies next year​

June 4, 2021
The Pentagon's AI efforts now number more than 600, which is up about 50 percent over current-year levels, DOD officials say.

Pentagon to spend $874 million on artificial intelligence (AI) and machine learning technologies next year

The Pentagon's AI efforts now number more than 600, which is up about 50 percent over current-year levels, DOD officials say.

www.militaryaerospace.com

 

[equanimous]

Pentagon to spend $874 million on artificial intelligence (AI) and machine learning technologies next year​

June 4, 2021
The Pentagon's AI efforts now number more than 600, which is up about 50 percent over current-year levels, DOD officials say.

Pentagon to spend $874 million on artificial intelligence (AI) and machine learning technologies next year

The Pentagon's AI efforts now number more than 600, which is up about 50 percent over current-year levels, DOD officials say.

www.militaryaerospace.com

Understanding artificial intelligence spending by the U.S. federal government

Gregory Dawson, Kevin Desouza, and James Denford explain how the U.S. can improve national AI strategy and propose three recommendations.

www.brookings.edu

 

[Easytiger]

I used to love coming onto this forum. WTF happened?

Plenty and nothing - it just depends on which window you are liking through …

 

[MadMayHam | 合氣道]

Hi Damo,

Mercedes potentially has more than one use.

For example, there is the well known "Hey Mercedes!", but they will also have in-cabin and driver monitoring which may also include Akida. Mercedes made some noise about designing their own electronics, but they will need to outsource the manufacture of the ICs etc.

Then there are the external sensors, camera, radar, LiDaR, ultrasound. Valeo are supplying SCALA 3 LiDaR which we hope will include Akida, and, of course, Akida can improve all the other sensors. Mercedes also said something about standardizing components.

Thus Meredes may fall into a couple of different classes of user/licencee.

Prophesee is a partner, rather than a customer. Initially, we may have had an EAP type agreement with Prophesee, and our engineers would have been working with them, but it is possible that we will have a Joint Development agreement with them rather than a licence. This may involve profit-sharing rather than licence/royalties revenue.

But Prophesee were well down the road with Synsense:

https://www.prophesee.ai/2021/10/15/synsense-prophesee-neuromorphic-processing-and-sensing/

Oct 15, 2021 – SynSense and Prophesee, two leading neuromorphic technology companies, today announced a partnership that will see the two companies leverage their respective expertise in sensing and processing to develop ultra-low-power solutions for implementing intelligence on the edge for event-based vision applications.

...
The partnership will address the design, development, manufacturing and commercialization of the combined neuromorphic technology, including sensors, processing solutions, software and solutions to enable a broad range of applications
...
The combined vision processing solution will be co-marketed by both companies and commercialized by SynSense for addressing IoT and Smart Home detection and gesture control applications.


Prophesee may well have ongoing contractual commitments with Synsense.

@Diogenese if MB is including Akida in the cabin, I think we can safely assume that MB would have at least these features (see video below) in-cabin, if not in this iteration, it will definitely be in the next. In fact, NVISO recently put out a video showing their tech can even register breathing rate from the video feed, so for example a smart cabin can also alert the driver if they've left a kid or pet (or spouse) in the car.

 

[Diogenese]

Well I can see the frustration is here to stay on this forum. I understand that individual timelines vary massively, and some have already been along the ride for many years and are getting burn out. Understandable.

Curious to hear what people's timelines are then. Let's turn the negativity into something somewhat constructive. What's your timeframe and what do Brainchip need to achieve in that time for you to remain on the bus?

Personally, I can see myself giving the Brainchip team eighteen months from here to deliver another SIGNIFICANT licence agreement AND a drastic positive, continuous change in revenue over the coming quarters. Renesas should be selling a chip with Akida in it some time this year. AKD1500 will be available (possibly with AKD2000 on the horizon), so I want to see positive take up by customers currently umming and uhhhing as they seem to want more functionality before commiting. IMO, our valued partnerships should have reaped some benefits in this timeframe or something is seriously awry.

Of course, all IMO and DYOR. Still very confident in the team to deliver, and I've given some leeway for the current headwinds and economic climate.

As I recently explained, my timeline was 2 weeks until we gave a presentation to an engineering conference in the US in 2018, so we are well overdue.

 

[Deleted member 118]

Understanding artificial intelligence spending by the U.S. federal government

Gregory Dawson, Kevin Desouza, and James Denford explain how the U.S. can improve national AI strategy and propose three recommendations.

www.brookings.edu

Might be spending it but the big guns will be getting most with only a very very small amount coming brainchips way if lucky.

 

[equanimous]

Might be spending it but the big guns will be getting most with only a very very small amount coming brainchips way if lucky.

assumption

 

[Learning]

Nice find @wilzy123

Now, Renesas Full Year Financial Presentation

https://www.renesas.com/us/en/video/2022-full-year-financial-results-presentation-video-february-9-2023

4Q/Full-Year 2022 Presentation | Renesas Electronics

Wondering how we performed in 4Q/Full-Year 2022? We just released our financial results, including in the announcement that 2022 was a record-high year for our revenue and net profit, with net profit more than doubling in the last year. If you missed our live earnings call, check out the...

www.linkedin.com

Learning 🏖

 

[Deleted member 118]

assumption

Yep, as I really can’t see anywhere that money will be generated in big numbers unless NASA invents something with Akida in it, as they have invented some really cools stuff over the years

Top 10 NASA Inventions

The men and women of NASA are an ingenious bunch, and they're not just inventing amazing things for space. Which inventions have changed our lives here on Earth?

science.howstuffworks.com

 

[Food4 thought]

They say incontinence is heiredatory, .......................... its in the jeans

I think you’re taking the piss !!
Fair such of the sausage

 

[buena suerte :-)]

I used to love coming onto this forum. WTF happened?

All good Newk R .... It has been a bit of a 'vent' week!! all back to 'normal' next week ....

 

[Deleted member 118]

Not seen this before and they had early access to brainchip development board

Robust Classification of Contraband Substances using Longwave Hyperspectral Imaging and Full Precision and Neuromorphic Convolutional Neural Networks

Several agencies such as the US Department of Homeland Security (DHS) seek to improve the detection of illegal threats and materials passing through P…

pdf.sciencedirectassets.com